extending the typical analysis from the electricity sector to the industry sector, and by including the CO2 infrastructure level … with CO2 pipelines and storage. To this end, we use state-of-the-art models of the electricity sector (generation … investment and electricity grid models), the industry sector, as well as the CO2 infrastructure sector. This unique modelling …

In 2008, the European Commission investigated E.ON, a large and vertically integrated electricity company, for the … electricity market. The case was settled after E.ON agreed to divest 5 GW generation capacity as well as its extra-high voltage … network. We analyze the effect of these divestitures on wholesale electricity prices. Our identification strategy is based on …

electricity sector, typically using constant elasticities of substitution between generation types. Detailed bottom-up electricity … models generally have embedded load duration curves with the electricity price determined by the marginal cost of generation …. This study incorporates a simple representation of electricity generation with these bottom-up features directly into the …

Time series of electricity, petroleum products, and renewables are found to be highly correlated with total energy …

In recent years, Germany has significantly increased its share of electricity produced from renewable sources, which is … mainly due to the Renewable Energy Act (EEG). The EEG substantially impacts the dynamics of intra-day electricity prices by …-day electricity prices and propose an estimation procedure for this model. Most importantly, our model is able to generate extreme …

This paper studies the impact of corporate ownership on residential net-of-tax electricity prices, when the ownership …-of-tax electricity prices in Western Europe. The impact of liberalisation on prices is smaller and more uncertain. …

. This study finds systematic variations in liquidity in different segments of the Nordic electricity swap market and …-period-matched counterparts. In this context, I analyze the dynamic out-of-sample tracking performance of selected dirty hedges. Electricity swaps … with delivery in front year one and two, respectively, track electricity swaps with delivery in front year three quite well …